India up 11 ranks on global talent index
Mumbai: India has jumped 11 ranks from 92 to 81 in the Global Talent Competitive Index (GTCI) for the year 2018 — which covered 119 countries and 90 cities — on the back of its strengths like talent growth and global knowledge of the talent pool.
This year’s report investigated the theme of ‘Diversity for Competitiveness’ and included three types of diversity: Cognitive, identity, and preference (or value).
Although the country ranked high on the ‘global knowledge skills’, India had a low rating in ‘talent retention and attraction’, ranking 99 and 98, respectively.
Among cities, Mumbai and Delhi ranked at the bottom of the ‘Global City Talent Competitiveness Index’, with a ranking of 89 and 90, respectively. The cities were identified on the basis of their reputation and growing footprint in attracting global talent rather than as a function of their size or national-capital status. However, the report states that overall low performers are not without ammunition in the market for talent, and that this creates ample room for strategy and planning to improve along this dimension.
Within ‘Central and Southern Asia’, India ranked 2nd behind Kazakhstan. Among ‘lower-middle income’ countries, India ranked 5th.
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